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. >> you know what tax revenue did under ronald reagan? it went up 100% even though they cut taxes dramatically. tax revenue doubled in eight years. don't forget, you can catch the vice presidential debate tomorrow night here on cnbc beginning at 7:00 p.m. eastern time. >> let's go to jackie deangelis with this market flash. >> good afternoon, guys. taking a look at shares of walmart. of course, it hit record highs earlier in the session. coming off just a little bit. despite the fact that earlier the cfo reiterated fiscal 2013 sales guidance, maybe investors were looking for him to boost that up. he did reduce cap ex spending for 2013. the new reach, 12 to $13 billion. that could have something to do with it as well. the stock still higher on the day. just a little bit of a selloff. bill. >> i think those costco numbers helped the retailers today as well. a lot of the big box retailers doing well today. we're headi ining toward the cl. about 25 minutes left. we're hovering near the lows of the session with the dow down more than 130 point
. >> you know what tax revenue did under ronald reagan? it went up 100% even though they cut taxes dramatically. tax revenue doubled in eight years. don't forget, you can catch the vice presidential debate tomorrow night here on cnbc beginning at 7:00 p.m. eastern time. >> let's go to jackie deangelis with this market flash. >> good afternoon, guys. taking a look at shares of walmart. of course, it hit record highs earlier in the session. coming off just a little bit. despite...
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we keep hearing about the relationship between ronald reagan and tip o'neill and their willingness to compromise, even though they were about as far apart politically as you could get. >> bill, i agree with what you said and what rick said about that. i think it's wrong to say they're honest and they're the way they are because they're not in office anymore. i think what's more correct is they both come from an era where you fought, and you fought hard. but once the vote was taken, you know, they were kind of done. it wasn't really a scorched-earth policy. i grew up in a household where there were many politicians held in high esteem. they were guys like jacob javitz who were held in high esteem. >> reread "alexander hamilton." there's never been civility in politics. >> that comes and goes. that's a cyclical situation. we had a civil war. that was the most contentious period in the history of our country. >> that doesn't make it right. >> i'd like to bring up one additional point. two other things were brought up that we haven't really talked about. one was, and i don't know who said
we keep hearing about the relationship between ronald reagan and tip o'neill and their willingness to compromise, even though they were about as far apart politically as you could get. >> bill, i agree with what you said and what rick said about that. i think it's wrong to say they're honest and they're the way they are because they're not in office anymore. i think what's more correct is they both come from an era where you fought, and you fought hard. but once the vote was taken, you...
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. >> well, look aat athe job -- >> thank ronald reagan. >> absolutely. that's why romney's tax plan is want plan we need. lower rates broaden the base. it worked in '86, '87, '88. worked in '81 and '82. let's pause there for a second. >> thanks for the lead-in about reagan. >> romney has victory in the deba debate. every single poll shows he's picked up 5, 6, 7 points. some of these local battleground states picked up 8, 9 points. is does that change your stock market outlook from bear to bull? >> you get rid of obama care and 3.8% tax on investment income and get the tax on medical device makers, larry. >> i will bet you $20 right now. i'll make a romney $10,000 bet that obama care is not repealed. >> i'll bet you it will be repealed, but i'll buy a gift for your new daughter. >> thank you. >> if romney wins, which was not expected a week ago but is now more expected, if he wins what is the stock market impact? is it greater than earnings and the federal reserve? how do you assess a romney victory? >> what becomes important is the effect on capital gain
. >> well, look aat athe job -- >> thank ronald reagan. >> absolutely. that's why romney's tax plan is want plan we need. lower rates broaden the base. it worked in '86, '87, '88. worked in '81 and '82. let's pause there for a second. >> thanks for the lead-in about reagan. >> romney has victory in the deba debate. every single poll shows he's picked up 5, 6, 7 points. some of these local battleground states picked up 8, 9 points. is does that change your stock...
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military, ronald reagan and the a-bomb. >> right. >> more than i would the eu and the bureaucrats in brussels. >> we bail them out. we protectioned them all those years and reagan's the guy that ended communism, but the head of the peace prize committee is blaming the united states for the european economic crisis. i read "the new york times" story incredulously. he said the demise of lehman brothers is the responsibility of the european crisis, not their overspending and not their overtaxes and not their excess government and not their excess entitlements, jimmy. it's all because of lehman brothers. >> listen. you have countries that are following every wrong thing to do to run a good economy and even what they're doing now, they're raising taxes. this is like a death wish and a suicide attempt by europe and not america's fault. >> i want to ask you which is worse? the peace prize to president obama in 2009 or giving the peace prize to the european union, which is worse? >> as a gambler would say that is a pick 'em situation. >> you chicken. jimmy p. gets the best of the best. up ne
military, ronald reagan and the a-bomb. >> right. >> more than i would the eu and the bureaucrats in brussels. >> we bail them out. we protectioned them all those years and reagan's the guy that ended communism, but the head of the peace prize committee is blaming the united states for the european economic crisis. i read "the new york times" story incredulously. he said the demise of lehman brothers is the responsibility of the european crisis, not their...
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. >> look at what ronald reagan and tip o'neill did, they worked together out of a framework to lower tax rates and broaden the base, and they worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forgo about $1.1 trillion in loopholes and deduck haddions. what we're saying is deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base of taxation. >> can i translate? >> we can lower tax rates across the board. here's why i'm saying this. what we're saying -- >> i hope i get time to respond to this. >> you'll get time. >> we want to work with the congress on how best to achieve this. that means successful. >> no specifics again. >> what we're saying is lower tax rates 20%, start with the wealthy, work with congress to do it. >> you guarantee this math will add up. >> six studies have verified that this math adds up. >> vice president biden. >> look -- >> let me translate. let me have a chance to translate. >> i'll come back in a sec
. >> look at what ronald reagan and tip o'neill did, they worked together out of a framework to lower tax rates and broaden the base, and they worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forgo about $1.1 trillion in loopholes and deduck haddions. what we're saying is deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base...
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reagan, a republican not talking the party line on taxes at least. >> our colleague and one of the finest business minds in the world jim cramer here live this evening. paula boggs, a corporate obama backer and former starbucks executive and cosco founder jim senegal. >> our washington correspondent john harwood is on the scene in kentucky. it was fashionable not long ago to say these debates didn't matter but the last couple weeks have proven that notion wrong. >> certainly mitt romney got a boost out of the debate last week and in denver and what he's hoping is his running mate can continue that here tonight at center college in kentucky which hosted a vice presidential debate 12 years ago with dick cheney and joe lieberman. joe biden, the more experienced man, arrived first. he came, he showed a very relaxed demeanor. he went to his supporter's house did a little studying, relaxed with his family. he's been through this before having debated sarah palin four years ago. mitt romney arrived, the le-- p arrived. we only saw him by motorcade and later did a walk through through center coll
reagan, a republican not talking the party line on taxes at least. >> our colleague and one of the finest business minds in the world jim cramer here live this evening. paula boggs, a corporate obama backer and former starbucks executive and cosco founder jim senegal. >> our washington correspondent john harwood is on the scene in kentucky. it was fashionable not long ago to say these debates didn't matter but the last couple weeks have proven that notion wrong. >> certainly...
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reagan made many years ago. you get lower tax rates. your take home pay for education, for your work, for your home, for your mortgage, that really matters. i hope, and i'm going to ask you, will ryan follow in romney's footsteps, because i thought for the very first time romney really made that case last week, and it's helped him shoot up in the polls. >> oh, i think he l.as you know, paul ryan worked for jack kemp at empower america. he worked for castin who is one of the original supply-siders. he gets this stuff in the very heart of his being, and it's an important story to tell that in fact, if you look at the price of gasoline. obama has failed. if you look at the unemployment rate, obama has failed. the answer is not austerity. the answer is growth. if you have growth, can you mop up a lot of your problems, be prudent about spending, get back to a balanced budget which has only occurred in your lifetime because of a republican congress. >> last one, we're kind of short of time, but if biden starts crowing
reagan made many years ago. you get lower tax rates. your take home pay for education, for your work, for your home, for your mortgage, that really matters. i hope, and i'm going to ask you, will ryan follow in romney's footsteps, because i thought for the very first time romney really made that case last week, and it's helped him shoot up in the polls. >> oh, i think he l.as you know, paul ryan worked for jack kemp at empower america. he worked for castin who is one of the original...
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>> you're no probably ronald reagan or something. >> meanwhile the latest national polls may show president obama and mitt romney are in a tight race, but if you believe the 7-eleven indicator, the election may have already been decided. yes, that's right, the convenience store chain is once again running a promotion where it sells coffee in democrat blue cups with obama's face and republican red featuring romney. so far customers favor obama by a 60/40 margin. it has correctly predicted the winner of the last three u.s. elections. i'd like to know if it's only been run in the last three elections. >> still not a huge sample size. meanwhile pizza hut is offering a lifetime, yes, a lifetime of fr free -- life time qualifying as 30 years to anyone who asks sausage or pepperoni in the debate. >> of course we've been having our own debate so whether you should -- they're offering whether free pizza a week for 30 years or or $15,600 in cash. >> is it one pizza is week? >> a large pizza. so you said you would take the cash. i say take the pizza because the cash works out on $10 a pizza. if you ex
>> you're no probably ronald reagan or something. >> meanwhile the latest national polls may show president obama and mitt romney are in a tight race, but if you believe the 7-eleven indicator, the election may have already been decided. yes, that's right, the convenience store chain is once again running a promotion where it sells coffee in democrat blue cups with obama's face and republican red featuring romney. so far customers favor obama by a 60/40 margin. it has correctly...
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ronald reagan -- >> now you're jack kennedy. >> so was there a clear winner? 130,000 votes, and joe biden is leading with more than half. joining us for more, julian epstein and boris former aide to mccain/palin campaign in 2008. so boris, did paul ryan succeed here? has this been a game changing movement, has it picked up on the momentum that romney started with last week? >> it didn't need to be a game changing movement. what paul ryan needed to do was make his point to america that he is ready to be vice president and president if need be. and he absolutely did that. he was strong, he was resolute, and he stood up to very childish attacks from joe biden. some of the attacks were disappoint willing, the laughter, the smirking. it was very unvice presidential and unprofessional and at the end if you noticed when it was time to give their closing remarks, joe biden did not thank paul ryan, but paul ryan thanked joe biden. so on the overall picture, paul ryan did it great. does it help the momentum, it does. does it help democrats, it does not. democrats are st
ronald reagan -- >> now you're jack kennedy. >> so was there a clear winner? 130,000 votes, and joe biden is leading with more than half. joining us for more, julian epstein and boris former aide to mccain/palin campaign in 2008. so boris, did paul ryan succeed here? has this been a game changing movement, has it picked up on the momentum that romney started with last week? >> it didn't need to be a game changing movement. what paul ryan needed to do was make his point to...
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. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of what we have now. kennedy's plan, enacted after his death, took the top marginal tax rate from 91% to 71% over a two-year period. lots of loopholes, but the growth argument, gdp rose by barely a percent during that time. isn't much when the economy was growing at a rate like china's, but the u.s. was at the time. they got a boost, but not much of one. ronald reagan's first big tax cut went into effect, and the economy did surge. economic growth went from 4.9% to north of 8%. year three, not so impressive. look at quarters, there were some drops. for perspective, today, the top marge call tax rate is 30%, not like are you at 70 or 90. can a r
. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of what we have now....
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. >>> it is a question posed by candidate ronald reagan. over three decades ago. >> are you better off than you were four years ago? >> and it's a message the candidates are still actually using today. >> the president has no record to run on. in fact, every president since the great depression who asked americans to send them into a second term could say that you are better off today than you were four years ago, except for jimmy carter and for president barack obama. >> if people think they're better off, i would say, well, take a look at the numbers when it comes to median household income, which is down every year for the last four years. >> the obama administration, however, is taking the other side. >> you want to know whether we're better off. i got a little bumper sticker for you. osama bin laden is dead and general motors is alive! >> bloomberg business week took a look at that very question in this week's election issue asking about the price of your food, the value of your home and your paycheck. staff writer took the question to
. >>> it is a question posed by candidate ronald reagan. over three decades ago. >> are you better off than you were four years ago? >> and it's a message the candidates are still actually using today. >> the president has no record to run on. in fact, every president since the great depression who asked americans to send them into a second term could say that you are better off today than you were four years ago, except for jimmy carter and for president barack...
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>> ronald reagan. >> now you're jack kennedy? >> and tax cuts and auto bailout and those are big issues that got really heated between joe biden and paul ryan at last night's vice presidential debate so i immediately thought the person i would have to call on this to fact check it would be christine romans and she was available. thank you. so here's the deal. it just stands to reason that they both seem to say something with such confirmation in their voices and it's hard to say how this can be different. >> it's politics, my friend. talk taxes because i keep hearing this 20% across the board tax cut and then i hear the counterclaim, you can't pay for that. the math doesn't work. >> you can't make the math work. >> we have looked into this and the tax policy center says you can't make the math work. paul ryan's claim that you can cut it 20% across the board and keep it intact all of the while keeping it neutral and it says given the information available that we have about their plans is just not possible to cut that tax as much
>> ronald reagan. >> now you're jack kennedy? >> and tax cuts and auto bailout and those are big issues that got really heated between joe biden and paul ryan at last night's vice presidential debate so i immediately thought the person i would have to call on this to fact check it would be christine romans and she was available. thank you. so here's the deal. it just stands to reason that they both seem to say something with such confirmation in their voices and it's hard to...
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. >> oh, now you are ronald reagan. >> now you are jack kennedy. >> this is a bunch of stuff. look, here is the deal -- >> what does that mean a bunch of stuff? >> simply inaccurate. >> it is is irish. >> and as for the first debate -- >> it is fair to say i was too polite. >> not an issue with these guys. >> it then turned into a sparring and it was very, very personal. >> personal and partisan. >> you have to be kidding me. >> and in fact, the congressional hearing on the attack in benghazi was downright testy. >> it was a terrorist attack on an asset in libya and never exposed. >> i certainly hope that today's hearing is not going to be received for political purposes only 24 days from the election. >> yeah, about the election, thele pos have been good to romney this week, and the contradictions, that is another story. >> there is no legislation with regards to abortion that i'm familiar with that would become part of my agenda. >> wow. here is old moderate, mitt. where you been, boy? i missed you all of these three days. >> a day later he clarified that. >> the fact is tha
. >> oh, now you are ronald reagan. >> now you are jack kennedy. >> this is a bunch of stuff. look, here is the deal -- >> what does that mean a bunch of stuff? >> simply inaccurate. >> it is is irish. >> and as for the first debate -- >> it is fair to say i was too polite. >> not an issue with these guys. >> it then turned into a sparring and it was very, very personal. >> personal and partisan. >> you have to be kidding...
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bush than to ronald reagan. in comparison, when you consider ronald reagan was actually willing to raise taxes and the spike in growth that you saw in the 1980s came after a big tax hike. what mitt romney is saying is, no, we can't make the wealthy pay more of their fair share. what we have to do is just cut taxes for everybody, cut tacks for corporations and by doing that by making sure that the people at the very top do better, somehow that will trickle down. what we know is that doesn't work. >> jim, on the campaign trail are you hearing a lot of chatter as well about the moderate mitt? we've heard bill clinton say, oh, the moderate mitt is back, oh -- it sort of comes off the president's post-debate thing about he is lying. that's not what he said. he has completely changed. a, has he completely changed, or have they, what we call putting emphasis on a different syllable? >> i put this to a romney aid viesor, and he pushed back on this. he said that the gvr is talking about bipartisanship more now that he ha
bush than to ronald reagan. in comparison, when you consider ronald reagan was actually willing to raise taxes and the spike in growth that you saw in the 1980s came after a big tax hike. what mitt romney is saying is, no, we can't make the wealthy pay more of their fair share. what we have to do is just cut taxes for everybody, cut tacks for corporations and by doing that by making sure that the people at the very top do better, somehow that will trickle down. what we know is that doesn't...
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ronald reagan, six years during his tax reform we went from $600 billion to $1 trillion worth of revenue. that's a 67% increase. even george bush's tax cuts, in 2003, federal revenue was a little under $1.8 trillion. before the housing vote, $2.5 trillion. that's a 42% increase in revenue to the federal government. lowering marginal tax rates is incentivizing. >> i hear you on that. what people are taking exception to is without details, as a taxpayer, of what's on the table and what's off the table, it's a very easy way to throw out numbers without necessarily being having to be responsible for the math working out. i mean i thought martha raddatz did a very good job on this. she's sort of like you're not again going to give specifics. and chris wallace -- >> you are giving specifics as you're giving directions to congress. this is what ceos do. listen, as you design this, make sure that people making $200,000 will not have their tax burden lowered. but we're going to lower their marginal tax rate because that produces inseverives for them to create jobs. for people making less than $20
ronald reagan, six years during his tax reform we went from $600 billion to $1 trillion worth of revenue. that's a 67% increase. even george bush's tax cuts, in 2003, federal revenue was a little under $1.8 trillion. before the housing vote, $2.5 trillion. that's a 42% increase in revenue to the federal government. lowering marginal tax rates is incentivizing. >> i hear you on that. what people are taking exception to is without details, as a taxpayer, of what's on the table and what's...
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to work with congress, that means specifically. >> no specific. >> what we're saying is lower tax rates 20%. >> and you guarantee this math will add up. >> six studies have guaranteed and said this math adds up. >> let me translate. >> i'll come back in a second, right? >> i was there when ronald reagan you gave tax rates, he gave specifics of what he would cut in terms of taxan expenditures. 90% of small businesses in america make less than 250,000. let me tell you who other small businesses are. hedge funds, that make $600, $800 million a year. that will count as small b
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to...
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ronald reagan -- >> now you're jack kennedy. >> a battle of minds. congressman ryan and vice president widen go head to head in the first and only vice presidential decade. we dig into the facts and fiction ahead. >> malarkey complaining, laughless, shirtless, just a few of the top search items on google during last night's debate. we have more on the debate coming up this hour. >> shirtless. >> shirtless what, could be better than that. >> welcome back to "early start." >> it's friday, october 12th. there was plenty of passion and paul ryan and joe biden each got in a zinger or two but no knockout last night in the vice presidential debate. nobody had a bad night and nobody was too polite, that's to be sure. joe biden was the aggressor and paul ryan looking like the calm, collected counterpuncher. >> and here's how america scored it. a cnn orc poll taken right after the debate showed 48% of the voters who watched thought ryan won and 44% favored pieden. that's a statistical tie. senior congressional correspondent dana bash is live from danville, ken
ronald reagan -- >> now you're jack kennedy. >> a battle of minds. congressman ryan and vice president widen go head to head in the first and only vice presidential decade. we dig into the facts and fiction ahead. >> malarkey complaining, laughless, shirtless, just a few of the top search items on google during last night's debate. we have more on the debate coming up this hour. >> shirtless. >> shirtless what, could be better than that. >> welcome back to...
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reagan when he blew his first debate against walter mondale. this happened back in 1984. he seemed confused. some people, you know, thought elderly and confused. he really came back with -- in the second debate. here's what he said. >> and i want you to know that also i will not make age an issue of this campaign. i am not going to exploit for political purposes my opponent's youth and inexperience. >> ron, does biden need to throw one of those at ryan there? i mean, these guys are not the same age. >> game, set, match in 1984. no, it's interesting. this is the widest age gap we've had in a vice presidential debate. on the other hand, what's interesting, suzanne, you know, they both are sort of unusually early starting politicians. biden was elected to the senate at 29. paul ryan to the house at 28. they both kind of made their way in washington, but i think the contrast between them will be enormous. joe biden can't reverse this race by himself. the race has changed, i think, fundamentally. you had a slice of voters that were dissatisfied with
reagan when he blew his first debate against walter mondale. this happened back in 1984. he seemed confused. some people, you know, thought elderly and confused. he really came back with -- in the second debate. here's what he said. >> and i want you to know that also i will not make age an issue of this campaign. i am not going to exploit for political purposes my opponent's youth and inexperience. >> ron, does biden need to throw one of those at ryan there? i mean, these guys are...
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>> ronald reagan. >> office live very different styles. >> generational. >> you have a candidate from before the baby boom and a candidate from after the baby boom. ryan struck me like the nba who was so smart that he didn't need the powerpoint because he had mastered all the slides by memory where as biden was the corner bar keep or the opinionated uncle at the thanksgiving table. i thought he didn't go too far. i thought biden was more on message, more disciplined and very systematic in raising every issue the democrats wanted to hear raise. ryan's spreefus support for social security privatization. there were people who thought biden was a little on the har up offing side. >> i do. he was smiling, there were times when he did cross the line and when he would seem to be dismissive of paul ryan and i think that's a hard line. and particularly when you're in that split screen and i think biden smiled a little too much when he shouldn't have, and just seemed a little dismissive. >> we're going to continue this. i want to look ahead, the lessons learned from this first and only vice pre
>> ronald reagan. >> office live very different styles. >> generational. >> you have a candidate from before the baby boom and a candidate from after the baby boom. ryan struck me like the nba who was so smart that he didn't need the powerpoint because he had mastered all the slides by memory where as biden was the corner bar keep or the opinionated uncle at the thanksgiving table. i thought he didn't go too far. i thought biden was more on message, more disciplined and...
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. >> ronald reagan. >> twitter was all a twitter about that. the line generated 275 tweets a minute. kind of crazy. there's a noticeable reaction from the group of virginia undecided voters that i watched during the debate. you can see it blown up there at the bottom of the screen. but here's the problem. both kennedy and reagan were working in a different time and place, so to start with, when both kennedy and reagan took office, individual tax rates were not even in the ballpark of what we're dealing with now. they make france like like a low tax regime. kennedy's plan took the rate to 70% over a two-year period. lots of loopholes, but the growth argument, gdp rose during that time, but wasn't much when the economy was growing at a rate like china's, so they got a boost, but not much. as for reagan, his first big tax cut went into effect in 1981 and reduced the rate to 50%. over the first two years, the economy did surge. that's impressive. year three though, not so impressive. today, the top marginal tax rate is at 30%. not like you're at 70
. >> ronald reagan. >> twitter was all a twitter about that. the line generated 275 tweets a minute. kind of crazy. there's a noticeable reaction from the group of virginia undecided voters that i watched during the debate. you can see it blown up there at the bottom of the screen. but here's the problem. both kennedy and reagan were working in a different time and place, so to start with, when both kennedy and reagan took office, individual tax rates were not even in the ballpark...
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that was ronald reagan, who won the election with a rate of 7.4%. so, the question is, can mr. obama win one like the giper or is the number still bad enough to doom his hopes? well, cue mitt romney. that's what happened today. his team is furiously pointing out how many people are underemployed. last month's household survey found 582,000 of the jobs created involved part time workers who wanted to be full time. plus, no one should forget all the people who have stopped looking for work. romney says this new number or not is not what a recovery looks like. >> the truth is, if the same share of people were participating in the workforce, today is on the day the president got elected, our unemployment rate would be around 11%. >> "outfront" tonight, ali velshi, ethan and a former staff member for president obama's national commission on fiscal responsibility and reform, daniel mitchell, senior fellow at the cato institute. alan, the numbers sound good. are they? >> i don't care. i'm going to go one further than erin. not only does the absolute number of the unemployment percenta
that was ronald reagan, who won the election with a rate of 7.4%. so, the question is, can mr. obama win one like the giper or is the number still bad enough to doom his hopes? well, cue mitt romney. that's what happened today. his team is furiously pointing out how many people are underemployed. last month's household survey found 582,000 of the jobs created involved part time workers who wanted to be full time. plus, no one should forget all the people who have stopped looking for work....
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romney, obama aides say, is no ronald reagan, more like chevy chase. combatting that image, romney met with a group of retired generals after a speech. the romney approach would be both more muscular and bipartisan. >> if you look at harry truman and john kennedy and the use of power by bill clinton in his second term, that is a much different approach than jimmy carter and barack obama. >> reporter: to put his vision into action, romney will have to win first, which explains why he made an impromptu stop at a nearby elementary school. at this stage of the race, the pictures matter almost as much as the policies. romney did mention the obama campaign's trump card on foreign policy, the killing of osama bin laden, but he seemed to give the credit to what he called, quote, military and intelligence professionals. romney will now shift back to the economy with campaign events coming up here in virginia and also in iowa and ohio. wolf? >> jim acosta, thank you. let's go back to gloria borger. what was mitt romney trying to accomplish with this marriage for
romney, obama aides say, is no ronald reagan, more like chevy chase. combatting that image, romney met with a group of retired generals after a speech. the romney approach would be both more muscular and bipartisan. >> if you look at harry truman and john kennedy and the use of power by bill clinton in his second term, that is a much different approach than jimmy carter and barack obama. >> reporter: to put his vision into action, romney will have to win first, which explains why he...
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ronald reagan, 1948, making fun of the age issue. >> make it memorable. >> make it memorable. make it funny brsh if you make it slightly self-deprecating, those are the best. it makes you more likable. >> i think you should moderate one in four years from now. we'll see. we'll start a petition for you, dean. have a great sunday. thank you. >> you too. thanks a lot. >>> from sean connery to daniel craig, who is your favorite james bond? you have to pick one. the cinematic spy has turned 50. we'll share some great bond moments and some bond trivia you may not already know. at shell, we believe the world needs a broader mix of energies. that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios in that time there've been
ronald reagan, 1948, making fun of the age issue. >> make it memorable. >> make it memorable. make it funny brsh if you make it slightly self-deprecating, those are the best. it makes you more likable. >> i think you should moderate one in four years from now. we'll see. we'll start a petition for you, dean. have a great sunday. thank you. >> you too. thanks a lot. >>> from sean connery to daniel craig, who is your favorite james bond? you have to pick one. the...
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what mitt romney will do as president is the same thing that ronald reagan did and, frankly, bill clinton did. hold your principles. be tough. in the end you know you have to negotiate, and that's the only way this country can move forward. that is what president romney will do, and that's the president that people saw potential president that people saw next president they saw debating the other night. >> governor strickland, the last few seconds to you. is it going to be a closer race than it has been when we see the results come out? >> of course, ohio cannot be taken for granted, candy, by any candidate or either political party. it will be a very close race. i believe because of the president's saving of the american auto industry, which, in fact, is realed to manufacturing jobs in ohio, and ohio is coming back, and we're grateful for that, but the president deserves, many my judgment, the lion's share of the credit for ohio's economy, and its rebound. >> from ohio governor ted strickland. ohio attorney general and former senator mike dewine, thank you both for being here. >> up next
what mitt romney will do as president is the same thing that ronald reagan did and, frankly, bill clinton did. hold your principles. be tough. in the end you know you have to negotiate, and that's the only way this country can move forward. that is what president romney will do, and that's the president that people saw potential president that people saw next president they saw debating the other night. >> governor strickland, the last few seconds to you. is it going to be a closer race...
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look, you have a conservative that many say is the heir to ronald reagan and jack kemp. you have a progressive vice president who the democrats and liberals are looking for passion. let's be honest, you also have two people who could factor into 2016 presidential calculations. if mitt romney loses, paul ryan is an early front-runner for republicans. if barack obama wins, joe biden is telling people yes, i might be getting up there in age, but i feel great. i might run. >> let's talk about joe biden for a minute. remember last time they said you don't want to come off as condescending to sarah palin or even sexist. does the same thing aplay here? obviously not the sexist part, but condescending to someone younger than him for a paul ryan who seems to be new? does that challenge exist in this particular debate? >> reporter: well, i think that challenge exists in every debate. certainly it was different to have, you know, you're having a man debating a woman. that's a different calculation. but you don't want to be smug in any debate. it was interesting, you know, a lot of
look, you have a conservative that many say is the heir to ronald reagan and jack kemp. you have a progressive vice president who the democrats and liberals are looking for passion. let's be honest, you also have two people who could factor into 2016 presidential calculations. if mitt romney loses, paul ryan is an early front-runner for republicans. if barack obama wins, joe biden is telling people yes, i might be getting up there in age, but i feel great. i might run. >> let's talk about...
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ann romney in this case, michelle obama and president obama and nancy reagan, ronald reagan. at the same time, you know, are we finding that ann romney is taking on kind of a greater role in helping to shape the image of her husband? apparently and reportedly she and one of their sons actually had like a real heart to heart with mitt romney and said there's got to be more of you that comes out. you've got to make this more personal. >> i know there was a story there, you but that is one of the things that -- a role that a campaign spouse plays is the sense to be the truth teller. a spouse can't get fired. they're not going anywhere. i think that's what they and sons and daughters do in campaigns and that's why they become very available. they are there because people can go to them. in terms of mrs. romney's role, she's been around. she's been the first lady of massachusetts. she -- you know, she has been involved in the campaign since day one. she probably has good insights on how to her husband a more notable to the american people. >> during the convention, we saw that she
ann romney in this case, michelle obama and president obama and nancy reagan, ronald reagan. at the same time, you know, are we finding that ann romney is taking on kind of a greater role in helping to shape the image of her husband? apparently and reportedly she and one of their sons actually had like a real heart to heart with mitt romney and said there's got to be more of you that comes out. you've got to make this more personal. >> i know there was a story there, you but that is one...